FG Reaffirms Its Commitment to Economic Diversification Through Mining

The federal government has restated its plan to metamorphose Nigeria’s mineral sector into a linchpin of the national economy as part of its drive to diversify the economy.
Addressing the 9th Nigeria Mining Week in Abuja, President Bola Tinubu, represented by the minister of Innovation, Science, and Technology, Uche Geoffrey Nnaji, underscored the administration’s unwavering determination to transform the dormant solid minerals sector into a pivot for economic expansion and international prominence.
Tinubu remarked that the theme of the event, “From the Inside-Out: Building the Mining Sector to be the Cornerstone of Nigeria’s Economy,” encapsulates the government’s ambitious, integrative vision to holistically revitalise the mining industry.
President Tinubu remarked: “We assemble not merely to deliberate but to architect a transformative odyssey for Nigeria’s mining sector—an odyssey imbued with the promise to invigorate our economy and secure a future of shared prosperity.
“Under the exemplary stewardship of the minister of Solid Minerals, Dr Dele Alake, our nation’s mining trajectory has entered a renaissance. His visionary leadership has reinvigorated our strategic approach, tackling entrenched challenges with innovative foresight, thereby positioning the mining sector as the bedrock of Nigeria’s economic resurgence. Together, we are sculpting a mining sector poised to be a global paradigm of resilience, innovation, and sustainable advancement.”
In his keynote address, minister of Solid Minerals Development, Dr Alake, illuminated the administration’s Renewed Hope Agenda, which places the mining sector at the epicentre of Nigeria’s economic transformation.
He expounded: “Our vision is nothing less than the emergence of a mining sector that serves as the cornerstone of Nigeria’s economic resurgence—a bold and monumental ambition reflective of our resolve to elevate the sector into a vital pillar of national prosperity. At last year’s 8th edition of this forum, I extolled the dawn of profound change in the mining sector and solicited your unwavering collaboration.
“I emphasised then that the seven-point agenda of strategic intervention was borne of meticulous research and comprehensive analysis, encompassing both the micro and macro dynamics of the sector. This agenda represents a panoramic dissection of the challenges and opportunities, ensuring a pathway to robust growth.”

source: leadership.ng

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